“Guaranteed weekly quota” : Sri Lanka to introduce new system from July

June 12, 2022 at 12:19 PM

Power & Energy Minister Kanchana Wijesekera says that they have no choice but to register consumers at filling stations and give them a guaranteed weekly quota to address the current fuel situation in the country.

Follows are three updates posted by Minister

1) Fuel Update – Until we have uninterrupted power supply and steady fuel supply, fuel line management will be impossible. With the Financial restrictions, CPC imports fuel to manage for a week but some consumers collect Fuel for a month or more for their machinery n generators.

2) 24 Hour Power Supply costs an additional USD 100 million monthly for Diesel, Furnace Oil and Naptha. Shortage in Gas supply has increased the demand for Electricity and Kerosine. Monthly Fuel bill that was USD 200 Million 4 months ago is at USD 550 Million currently.

3) We have no choice but to register consumers at filling stations and give them a guaranteed weekly quota until we are able to strengthen the financial situation, restore 24 Hour Power and a steady Supply of fuel. I hope to have this system in place by the 1st week of July.